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Nutritional Growth Solutions Eyes Profitability Amid Q4 Revenue Dip

4:05pm on Friday 31st of January, 2025 AEDT Health and Wellness
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Nutritional Growth Solutions Eyes Profitability Amid Q4 Revenue Dip

4:05pm on Friday 31st of January, 2025 AEDT
Key Points
  • Q4 FY24 revenue declined 5.9% quarter-on-quarter to $594K USD
  • Gross margin steady at 33.9%, with plans to exceed 50% in FY25
  • Walmart renews modular placement and adds third KidzProtein® product
  • New distribution agreements in China and Vietnam showing early repeat orders
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